Flagship EBRD Green Cities doubles in size

The FINANCIAL — Finance for the EBRD’s pioneering urban sustainability programme, EBRD Green Cities, is doubling in size with a further €950 million allocated to extend work over the next three years. Set up in 2016 with €250 million and expanded in 2018

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3 mins read

Global Climate Fund supports FAO-led projects with $160 mln

The FINANCIAL — The Board of the Green Climate Fund (GCF) approved three new FAO-designed projects in Argentina, Guatemala and Sudan for a total amount of $158.6 million aimed at mitigating greenhouse gas emissions, strengthening resilience to climate change, and combating deforestation. FAO Director-General

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6 mins read

EBRD, EU and GCF boost green finance in Egypt

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD), the European Union (EU) and the Green Climate Fund (GCF) are responding to the impact of the coronavirus pandemic on the Egyptian economy by boosting green finance and the development of value chains for the private sector. Working with

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4 mins read